In an ever-evolving world, it has become increasingly important to plan for the future and protect our assets, ensuring a smooth transfer of wealth to our loved ones.
Estate planning, often overlooked or delayed due to its sensitive nature, is a vital aspect of financial management that demands our attention.
Enter Trust & Will, a prominent player in the realm of estate planning solutions, revolutionizing the way individuals safeguard their legacies.
Trust & Will is an innovative online platform that empowers people to create legally binding wills, trusts, and other estate planning documents effortlessly. Below, we delve into the platform’s features, benefits, and user experiences, guiding you toward more informed decisions that should secure your family’s future.
Contents
Comparison Chart
| Plan | Trust | Will |
 |  | |
| Price | Check Price | Check Price |
| Purpose | Escape probate court by implementing a comprehensive strategy to safeguard and smoothly transfer your invaluable assets. | Craft a meticulous plan to designate guardians for your children and determine the fate of your assets in the event of unforeseen circumstances. |
| Inclusions | Revocable Living Trust Schedule of Assets Last Will & Testament (Pour Over Will) HIPAA Authorization Living Will Power of Attorney Trust Funding Guide Certification of Trust | Last Will & Testament HIPAA Authorization Living Will Power of Attorney |
| Nominate child guardians | Yes | Yes |
| Specify final arrangements | Yes | Yes |
| Designate healthcare agents | Yes | Yes |
| Exclude people from your property | Yes | Yes |
| Avoid probate court | Yes | No |
| Customer support | Included | Included |
| Attorney support | Additional $200 | Additional $200 |
What Is Trust & Will
Trust & Will is an online estate planning service that helps people create wills, trusts, and other estate planning documents. Established in 2017, Trust & Will has since gained recognition for its simplified approach to creating wills, trusts, and other crucial legal documents.
The company offers a range of services tailored to meet your specific needs. These include the creation of wills, the establishment of living trusts, and the designation of beneficiaries, among others. Moreover, Trust & Will offers its services at a fraction of the cost of traditional attorneys, and it makes the process of creating an estate plan easy and convenient.
Currently, the company has two offerings: the Trust plan and the Will plan, both of which are available for individuals or for couples. They also include unlimited customer support, although attorney support is only available for an additional $200. If you only need a living trust, a last will, or living will, there are no standalone options.
Plans and Pricing
Will Plan
If you have a straightforward financial situation and fewer complexities in asset distribution, Trust and Will’s will-based estate plan may be suitable for you.
Pricing
- For individuals: $159
- For couples: $259
Trust & Will’s Will Plan provides a free one-year membership, granting access to their suite of services. Upon the completion of the first year, the membership is available at a monthly cost of $19.
The Will package includes customized and state-specific documents that cover health care wishes and final arrangements, ensuring your preferences are accurately reflected. This ensures there are no gaps in the estate plan.
Trust Plan
If you have significant assets, complex financial situations, or specific wishes for the distribution of their wealth, Trust & Will’s Trust plan is for you. Individuals seeking to minimize estate taxes and maintain privacy should also consider opting for a trust-based estate plan.
Pricing
- For individuals: $599
- For couples: $699
Trust & Will’s Trust Plan offers a complimentary one-year membership, providing access to their services. Following the initial year, the membership is priced at $39 per month.
The Trust Plan include all documents in the Will plan plus a revocable living trust. Some of the benefits of the trust-based plan include the following:
- Property Control: Determine who should not receive your property, ensuring it goes to those you truly intend to benefit.
- Final Arrangements: Clearly state your wishes for your funeral, burial, or cremation, alleviating uncertainty for your loved ones.
- Special Requests: Make known any specific instructions or requests that are important to you, ensuring they are honored.
- Medical Emergency Decisions: Outline your preferences for medical treatment and end-of-life care, granting clarity to your family and medical professionals.
- Healthcare Agents: Designate trusted individuals to make healthcare decisions on your behalf if you become unable to do so.
- Probate Avoidance: Minimize the need for probate court proceedings, saving you time and cost while maintaining privacy for your estate.
Other Fees and Features
Trust & Will’s Attorney Support provides members with access to licensed attorneys who can provide personalized legal advice.
This optional add-on, available for any estate plan, carries an additional cost of +$200. It grants unlimited phone access to an attorney in your state for a year, covers estate planning considerations for couples or blended families, and offers various other legal guidance options. Trust & Will also offers probate support with plans priced between $600 and $5000.
Given all the documents included in the plans, Trust & Will also offers online storage. Aside from your legal documents, this digital safe allows users to organizes their assets. The feature is free with a Trust & Will plan and membership.
Ease of Use and Customer Support
Trust & Will simplifies the complexity of estate planning with its user-friendly online experience. Account setup is straightforward, guided by a series of questions, and there’s no need to download any software. The platform serves as a centralized hub for editing, storing documents, making payments, and accessing support.
When it comes to assistance, Trust & Will’s US-based team is readily available for communication. They can be reached from Monday to Friday, 7am to 5pm (PT), and on Saturdays from 7am to 2pm (PT). Support is accessible through various channels, including chat, form submission, email, and phone.
Verdict
Trust & Will is one the leaders in the online estate planning sector. The company’s platform boasts user-friendly features and provides guidance throughout the entire process. Of course, all these comes at a higher cost. Aside from the plans, you’ll also have to pay a yearly membership fee after the first year. Some features, like attorney support, are also available as an additional fee.
While these prices may discourage some, they are significantly more affordable than the cost of hiring an attorney to create and revise estate planning documents. Moreover, if you are looking for a straightforward way to create documents from the comfort of your own home, this service is a good fit. Customer support and learning resources are also available, making a DIY estate plan easy with Trust & Will.